$210 million in 2019 spending
By Richard Rostad, analyst, Oil & Gas 360

Berry Petroleum (stock ticker: BRY, $BRY) announced fourth quarter results and reserves today, showing net earnings of $131.8 million, or $1.56 per share. This is the best single-quarter result Berry has recorded in its short history as a public company, though it was improved by derivatives. If these and other charges are excluded, Berry earned an adjusted $35 million in Q4.

Berry produced an average of 28 MBOEPD in Q4, up slightly from the 27.4 MBOEPD the compa...

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